CMP 7291 Buy on dips till 7100 Target 7400/7500/7600+ Sl 7050
Fresh breakout from long consolidation, should give decent return.
Gillette broke out of a multi-month resistance of around 7110 on Friday with a huge upmove. This is a good sign as it marks a rectangle breakout. However, It is interesting to see if this breakout sustains in near term. RSI indicates a downturn from this range as it did historically from similar levels. As per my analysis, the 7100 levels are important to...
Guys, I went to future and I found that my great great grand children are still waiting for the Gillette breakout of 6400-6500
Gillette: ₹4170 is trading is asymmetrical triangle, near its bottom trend line Having resistance around ₹4400. On breaking that level, the stock a go to ₹4800 _₹5200 level
NSE:GILLETTE Buy Range - Rs4000 to Rs4200 StopLoss - Rs3750 Target 1 - Rs4700 Target 2 - Rs5300 Time - 6 Month
Reason: Beginning of up trend upto 4,650. Timeframe : Before 3rd week of September.
Nothing good in Gillette as well- which has been moving upside in an ugly manner so once it leaks downside of the flag & give us a close below 4250 (Horizontal Red Line)..It will confirm that Gillette wants to move down.
Look the channel seems to be broken in coming session- once it breaks -it shall take support of 4200-4250 zone & going below 4200--- Hmmm